China's Biggest Renewable Energy Project to be Launched Soon
China is planning to reduce its carbon footprint by 40-45% from the 2005 level and until 2020 to generate 15% of its electricity from low-carbon technologies. According to Zhang Guobao, head of the National Energy Administration, a national program consisting of billions of dollars of investments in solar, wind and nuclear energy would be launched very soon.
Indian Government Proposed a Coal Tax for Using in Renewable Energy Projects
This tax would produce an annual revenue of around $600 million. According to the National Clean Energy Fund, Mukherjee, the coal is the "mainstay of India's energy sector", being 75% of the country's power generation.
European Countries To Hit Renewable Energy Targets by 2020
The analysis, which assessed all forms of renewable energy, found that while 13 of the 27 European Union (EU) countries are going to meet their targets for renewable energy capacity, 8 are set to exceed it and the remaining 6 are expected to fall short.